Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small

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Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $650 annual fee plus $12 per tax return for a license to use Mega Tax software.

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a. What is the company’s total annual cost for the Mega Tax software if 200 returns are filed? If 325 returns are filed? If 500 returns are filed?

b. What is the company’s cost per return for the Mega Tax software if 200 returns are filed? If 325 returns are filed? If 500 returns are filed?

c. Why does the cost per return differ at each of the three volume levels?

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Managerial Accounting

ISBN: 9781119577669

4th Edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: May 03, 2021 07:27 AM

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Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small

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a TC200 returns 200 12 per return 650 fee 3050 TC325 returns 325 12 per ...View the full answer

Managerial Accounting

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